earnings
confidence high
sentiment neutral
materiality 0.60
Nobility Homes Q2 sales down 28% YoY; EPS $0.42 vs $0.47; no debt, $27M cash
NOBILITY HOMES INC
2022-Q2 EPS reported
$0.74
revenue$21,453,316
- Q2 revenue $10.6M (down from $14.7M); net income $1.5M vs $1.7M; diluted EPS $0.42 vs $0.47.
- Six-month revenue $21.5M (down from $23.8M); net income $2.6M vs $2.8M; EPS $0.74 vs $0.77.
- Cash & short-term investments $27.1M; zero outstanding debt; working capital $29.6M; book value $12.83.
- President: FL industry shipments up ~23% YoY, but supply constraints delay home completions and set-up.
- No conference call held; company celebrated 55th anniversary on June 5, 2022.